How Should We Pay for Increased Defence Spending? - NIESR The UK needs a sustained increase in defence spending. What can economic theory tell us about financing a defence build-up of this type?

⚡️JUST PUBLISHED⚡️ The latest #DirectorView is out now 📈

In today's 'Dean Trench' Weekly Memo our Director David Aikman outlines what economics and public finance theory suggests about financing an increased #defence spending👇

#UKeconomy
#FiscalRules
niesr.ac.uk/blog/how-sho...

#WeekendWatching🔖 Our pre-#Budget video with Director David Aikman outlining where the actual issues lie, how to address the fiscal gap in the public finances, and the role of #fiscalrules ⬇️🎥

#Budget #AutumnBudget #UKeconomy #Chancellor

Starmer issues 'tough but fair' warning as Reeves faces up to a £30 BILLION fiscal blackhole in the Nov 26th Budget!
-> Expect pain to keep the spending rules!
#UKBudget #FiscalRules #BlackHole #TaxRises #Reeves

In this weekend's @mstaronline.bsky.social

#RachelReeves #Budget #FiscalRules #MorningStar #Socialism

Here @ukparliament.parliament.uk for @99organisation.bsky.social #FiscalRules event hosted by @neilduncanjordan.bsky.social

If Attlee had been constrained by Reeves’ fiscal rules we would not have the NHS.
@mrmarkethomas.bsky.social @annpettifor.bsky.social

99-percent.org/wp-content/u...

Discarded fast food packaging littering pavement and road

Hey Rachel Reeves, please can we have swingeing taxes on fast food packaging? Or, like the French (possibly), ban it entirely? #FiscalRules

No, you won't.

#RedTories #fiscalrules

Pete Songi @Songicartoons on Rachel Reeves’s economic conundrum #RachelReeves #TaxRises #BudgetBlackHole #41BillionBlackHole #FiscalRules @Guardian - political cartoon gallery in London original-political-cartoon.com

Peter Schrank @schrankartoons @thetimes on #RachelReeves #KeirStarmer #TaxRises #BudgetBlackHole #41BillionBlackHole #FiscalRules - political cartoon gallery in London original-political-cartoon.com

Dave Brown @DaveBrownToons @Independent on #RachelReeves #TaxRises #BudgetBlackHole #41BillionBlackHole #FiscalRules - political cartoon gallery in London original-political-cartoon.com

That guy leaving has made me realise I've not read a Post article for yonks, so that one can safely go #fiscalrules

The #BondMarkets have saved #Reeves and her #FiscalRules, despite Reeves being a deeply unpopular politician whose career was under threat due to a failure to implement the #PIP cuts

It’s unsettling, I think, that markets can seemingly be at odds with the democratic will, and still get it their way

Germany, EU fiscal rules and the illusion of objectivity German defence spending risks breaking EU fiscal rules. But while the rules are presented as a technical calculation, they are less objective than it appears.

Do #Germany’s plans to increase #defence and infrastructure risk breaking EU #FiscalRules?

Enforcement of the rules is presented as a technical calculation, but in fact it's far less objective than it appears, write @cami34.bsky.social and Vanessa Endrejat on @lseeuroppblog.bsky.social.

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#Labour #FiscalRules #PoliticalEconomy #UKPolitics #ProgressivePolicy

The Chancellor is right to allow borrowing to invest in capital spending for physical infrastructure. She should also consider adjusting her #FiscalRules to recognise the economic benefits of investment in social infrastructure such as early education * childcare, social care and education.

Socialist Party - fighting for the needs of all not the profits of a few The Socialist Party fights for socialism – a democratic society run for the needs of all and not the profits of a few.

Join the Socialists! 😊

If you would like to know more about what we think and our programme head over to our website:

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Solidarity!

#austerity #cuts #fiscalrules #costoflivingcrisis #costoflivingcrisisuk #winterfuel #disabilitycuts #capitalism #benefits #taxtherich

The fiscal and macroeconomic effects of fiscal rules - Journal of Economics A majority of advanced and developing countries have adopted fiscal rules, which aim on managing fiscal aspects, such as government debt, government budget balances and other factors. Alongside nation...

💡 New publication
Recently published in Journal of Economics: The fiscal and macroeconomic effects of fiscal rules

It studies the effects of fiscal rules on government debt, budget balances, public investment & economic growth.
#economics #fiscalrules #taloustiede
link.springer.com/article/10.1...

Of Fiscal Straitjackets and Flexibility - NIESR Our fiscal rules have acted to hold back our economic progress. We need to commit to transparent and accountable assessment of our economy by the Chancellor

🗓️-4 ⏳ #WeekendReading and countdown to the #SpendingReview

"Our #FiscalRules have acted to hold back our economic progress, and have led to a trivialisation of fiscal policy making"

Former Director @jagjitchadha.bsky.social‬ #blog on British fiscal framework

Austerity by Design—Not by Necessity
🧮 Under the EU’s new fiscal framework, member states face strict deficit and debt limits forcing over €100B in cuts by 2025.

📄 Full report: endausterity.org/wp-content/u...
#Europe2025 #FiscalRules

📊 I will present new findings on “The impact of fiscal rules on #budget spatial and temporal spillovers: evidence from Flanders”, showing how #fiscalrules reshape municipal spending patterns, reduce fiscal flexibility and limit spatial mimicry across local governments.

Is it about #FiscalRules?
Or is Rachel Reeves just an #AusterityZealot ✂️

#Starmer, you need to tell #Reeves to stick her #FiscalRules where the OBR don't shine - balancing notional books on the backs of the poorest in society is unconscionable, and now you're starting to see how the British public feel about it… #Elections25

Original post on mstdn.social

This could get nasty for the Starmer/Reeves government. They can find money for the military but not for public sector workers. Fiscal rules for some, not for others. I begin to think Starmer is a mole sent to sink the Labour Party once and for all.

Unions warn teachers, councils and NHS […]

Mervyn King hits out at Reeves’ ‘flawed’ fiscal rules Former Bank of England Governor Mervyn King has slammed forward-looking fiscal rules set by Chancellor Rachel Reeves. Reeves has defended her rules on spending as essential for boosting investment on...

Mervyn King hits out at Reeves’ ‘flawed’ fiscal rules
#Mervynking #Fiscalrules

opr.news/18eb8adc2504...

The UK deficit is in the news again this week. In this article, IF economic researcher Conor Nakkan, takes a closer look at whether the UK’s current fiscal rules are fit for purpose:

www.if.org.uk/2025/04/22/f...
#fiscalrules, #sustainability, #futuregenerations #Australia #governmentpolicy

Today - 29/03/2025 - BBC Sounds Including Sports Desk, Weather and Thought for the Day.

1/2
On #GDP, #FiscalRules and #Headroom.
Some really interesting thinking here (at 7.50from @dianecoyle1859.bsky.social here (at 7.50)
www.bbc.co.uk/sounds/play/...
Some tasters...

Radio 4 #PM tried to draw 'Labour' rep on cash ISAs.

Are they really going to remove cash ISAs + insist folks 'invest' in equities/stocks + shares ISAs?

Absolutely NOT!

#FiscalRules = financial risk

We have long argued that #fiscalrules on borrowing to invest should include some elements of ‘day to day’ spending. We should recognise the workers that power schools, hospitals, community centres and early years as being as much of an investment in the economy as the buildings they occupy.

Feck #FiscalRules!
Every other European nation has altered course.
British exceptionalism?
Or just cynical punching down?

Nothing she's proposing will help #Growth

#LabourIsDead